Job Details
Skills And Tools:
Job Description
Financial Accuracy and Compliance:
Objective: Conduct regular and thorough audits of financial transactions to ensure accuracy and compliance with established policies and industry regulations.
Key Results: Identify discrepancies, irregularities, and potential risks in financial records, ensuring that financial activities align with internal policies and external regulations.
Uniform Financial System Implementation:
Objective: Implement and maintain a uniform financial system across all departments within hotels and resorts.
Key Results: Streamline financial processes to enhance efficiency and consistency in financial reporting, fostering a standardized approach to financial management.
Operational Reports Scrutiny:
Objective: Scrutinize operations reports to assess the effectiveness of operational activities.
Key Results: Verify the accuracy of data presented in reports, ensuring alignment with financial records, and providing insights into operational efficiency.
Compliance Monitoring and Enforcement:
Objective: Monitor and enforce compliance with internal policies, industry regulations, and legal requirements.
Key Results: Conduct regular assessments to identify and address compliance gaps, providing recommendations for process improvements and reinforcing a culture of adherence to standards.
Risk Assessment and Mitigation:
Objective: Identify and assess financial and operational risks, proposing strategies to mitigate potential threats.
Key Results: Collaborate with department heads to implement risk management measures, reducing the likelihood and impact of identified risks.
Documentation and Reporting Excellence:
Objective: Prepare detailed audit reports documenting findings, recommendations, and corrective actions.
Key Results: Communicate audit results effectively to relevant stakeholders, providing clear and actionable insights to improve internal controls and operational effectiveness.
Continuous Improvement Contributions:
Objective: Stay abreast of industry trends, best practices, and regulatory changes.
Key Results: Proactively contribute to the enhancement of internal audit processes and methodologies, ensuring they remain aligned with industry standards and organizational needs.
Job Requirements
- A bachelor's degree in accounting, finance, business administration, or a related field is often required.
- Professional certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Information Systems Auditor (CISA) may be preferred.
- 3-5 years of relevant experience in internal auditing, accounting, or finance.
- Experience with auditing processes related to revenue management, cost control, and financial reporting specific to the hotel sector.
- In-depth knowledge of internal auditing principles, practices, and standards.
- Familiarity with the specific challenges and risks associated with the hospitality industry.
- Understanding of financial reporting standards relevant to the sector.
